Tag : Investing in Business Innovation (IBI)

FAQs: Investing in Business Innovation Small Business Loans Ontario

Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Innovation (IBI) offers small business loans to assist high growth, innovative startups and early-stage businesses in commercializing new products, processes, and technologies. Southern Ontario businesses with private funding that require additional cash flow can use

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Early Stage Businesses: Qualify for Investing in Business Innovation

FedDev Ontario’s 2014 launch of the Southern Ontario Prosperity Initiatives (SOPI) provided $530 million for small businesses to finance a variety of innovative and productivity-building projects. Investing in Business Innovation (IBI) is one of the four business-oriented programs created through the SOPI’s and aims to assist early-stage businesses to commercialize

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Investing in Business Innovation Southern Ontario Small Business Loans

The Investing in Business Innovation (IBI) small business loans program was created as part of the $530 million Southern Ontario Prosperity Initiatives (SOPIs). Provided through the Federal Agency of Economic Development for Southern Ontario (FedDev Ontario), IBI provides funding for early stage businesses to commercialize new, innovative products and processes.

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FedDev Ontario Supports Northumberland Tech Startups

FedDev Ontario recently announced their continued support for Northumberland Community Futures Development Corporation (Northumberland CFDC). The CFDC – a not-for-profit organization that delivers financing and business strategy to entrepreneurs – will receive a $1.1M expansion to their original pilot project which supported 22 tech startups in the area. The program

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$4.5 Million in IBI Funding Awarded to Highly Innovative Firms

In the wake of a new report which comments on Canadian firms falling behind with innovation despite receiving funding support, The Canadian government continues to modify and improve upon established research and development funding initiatives to maximize their support of innovation. However there is always a risk with R&D. Even

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